Time is changed. Trends are modified in almost every aspect of life. There was a time, when the person who lost his job due to downsizing found him helpless in finding the new one. He used to immediately approach the local unemployment office and start finding jobs on web or in newspapers. He is totally on his own in finding a new job. But now things are modified. Organizational restructuring has made it easier for the employees who are fired by any reason or so. Outplacement programs are proved to be quite helpful. They lead to plentiful financial benefits not only for the employer but also for the employee. The transition between the companies has become easier. One can easily switch between organizations with the help of Outplacements Programs and on the same time it provides surprising benefits to the organization itself.
Outplacement programs are basically designed to assist in the career transition of employees who somehow lose their jobs which helps both employers and employees the ease of separation process. Companies providing a well-designed outplacement program are giving their employees a sense of personal security. A fear which always frightens an employee is the job insecurity during the times of downsizing and redundancy. Outplacement programs always give them safety which motivates them and hence high performance can be expected. An organization receives many benefits from these outplacements programs. They are discussed below:
Ease the stress. The fear of redundancy and downsizing conversation proves to be a big hinder in a better performance of an employee. But the security which an employee receives in the form of Outplacement program alleviates the stress to a great extent.
Increase Productivity. Organizations in transition experience falls in output and morale due to uncertainty and distraction. Outplacement programs can help such organizations to reduce uncertainty, by supplying